This small cap has monstrous daily volume. Lots of talk about reverse split, blah blah blah. That’s all baked in I think at this point. Do they have sales? Lol no. Is it a dilution machine? Yes. BUT, I do wonder if it has another 50% run left in it.
. Am I dumb? Yes, but this 20k could turn into 100k based on pure meme energy.
First reason is that it is trending up. I never buy a stock unless it is trending.
Second is I’m computer programmer and have worked in big data for 20 years. The main issue with big data it is really hard to handle in house. Most places don’t have expertise to manage the hardware, backups, data indices, scaling etc. The IT managers want product that is easy to manage and is scalable. Snowflake seems to be easiest solution from hassle perspective.
I would like some cheaper stocks that have potential and more established stocks similar to Apple Amazon etc..
I am also highly interested in EV not only the vehicle manufacturers but the suppliers For lithium ion etc..
I am curious if Ford GM etc will pick up and eventually be able to compete with Tesla and China
Also any and all suggestions would be GRAND!!
I expect everyone to read this and think I am a silly bear who doesn’t know what he’s talking about. Inflation is falling, the Federal Reserve is going to hike rates once or twice this year and the US of A is saved.
But let’s look at all the previous crashes in the markets. Things never looked bad, in fact they always looked good. Until something in the financial engineering of the world, broke.
I won’t go over all the “stock market crashes” but
There is a company trading on the FTSE London exchange called Alphawave, I see when googling that the US OTC ticker is AWEVF. It is not on Schwab when I search for it, and googling around has been extremely difficult to find what brokerage carries it if any. How would I be able to invest?
I failed to predict the bottom of QQQ at last Dec, and I am still holding close to 30% cash at 3-month T-bill. A little bit remorseful but I am not very aggressive with risks.
For those who still hold a large portion of cash, what is your plan?
Which of your small cap investments do you have the most conviction in?
I’m looking for 1 more stock to invest in.
Here’s mine:
Company name: Enovix
Ticker: ENVX
What they do: better batteries
Reason for conviction: great leadership (ex-Enphase) and great product
My portfolio is up 11.14% overall right now. Most of my investments are in ETFs (Under 1 year)(AVUV, QQQ, VTI, VUG, VXUS). I have been dollar cost averaging these ETFs since December 2022 and was planning to end by December 2023. I am up 20% on QQQ and 14% on VUG. I have read and heard that ETFs historically return about 10% every 10 years. With that logic i’m wondering if I should sell what i’m up on right now. I also have some individual companies such as META
So there's recently been news on TransAlta buying back TransAlta Renewables, which I'm currently holding in my TFSA for it's dividends. I'm down on the stock by about 9% and I'm wondering if I should sell?
I think shareholders are entitled to shares of TransAlta or cash. Not sure if I want the former and I'd get $13 per share for the latter, which is slightly below the current price. Should I just hold and see what I can get or sel
For those of us who are long term investors who are buying each month and holding for the long term, don't listen to the snakes lurking in this sub trying to discourage you from being a bull.
They are just bitter they missed the covid dip, then they missed the November dip. Still sitting in cash convincing themselves they'll buy back in when the market comes crashing down.
Even if the market does crash 20% again, these people likely won'